The officious bystander test is considered when the court
A) inserts an implied term into a contract
B) determines if a cancellation charge is a penalty
C) an assignment is valid
D) the privity rule is challenged
E) an entire agreement clause is challenged
A
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Under a defensive strategic market plan, calculate the market share of a company that generates sales revenue of $50 million in a market where the total demand is $493 million
A) 5.6% B) 10.14% C) 25% D) 32.3% E) 5.89%
Which of the factors of psychological empowerment is associated with having a higher level of autonomy and control over decision-making?
A. meaningfulness B. self-determination C. competence D. impact
When formulating a goal programming model, the decision maker will use decision variables similar to those used in regular linear or nonlinear programming models. In goal programming models, these variables are known as deviational variables
a. True b. False
Barbeau Corporation has two production departments, Milling and Customizing. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Milling Department's predetermined overhead rate is based on machine-hours and the Customizing Department's predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates: MillingCustomizingMachine-hours 17,000 13,000Direct labor-hours 2,000 5,000Total fixed manufacturing overhead cost$119,000$42,000Variable manufacturing overhead per machine-hour$1.60 Variable manufacturing overhead per direct labor-hour $4.30 During the current month the company started and finished Job A492. The following data were
recorded for this job: Job A492:MillingCustomizingMachine-hours 90 20Direct labor-hours 20 50The estimated total manufacturing overhead for the Customizing Department is closest to: A. $42,000 B. $33,853 C. $63,500 D. $21,500